Portfolio of strata office units at Sunshine Plaza for sale at $18.4 mil

for sale and rent.

Portfolio of strata office units at Sunshine Plaza, one of the mixed-use developments located in the Bras Basah-Bugis area, is up for sale via an expression of interest (EOI) exercise. The guide price of the portfolio – comprising 12 office units with sizes ranging from 484 to 1,346 sq ft – starts from $932,000 onwards, with the entire portfolio having an asking price of $18.4 million.

Sophia Lim, director of Investment Sales and Capital Markets at Savills Singapore, commented: “The portfolio of 12 units offers buyers the flexibility to purchase units according to their requirements. Investors, for instance, can enjoy yields from 3.5% onwards for selected tenanted units, while owner-occupiers have units available for immediate occupation”.

The mixed-use development is located at the junction of Bencoolen Street and Middle Road, within the Ophir-Rochor Corridor. It is home to a 12-storey office tower, a retail podium and three residential blocks with 160 residential units, and is within walking distance of five MRT stations: Bencoolen (one-minute walk), Bras Basah (three-minute walk), Rochor (seven-minute walk), Bugis (10-minute walk) and Dhoby Gaut (10-minute walk).

Sales transactions of commercial units at Sunshine Plaza have been documented and its properties are up for rent and sale. EOI of the 12-unit portfolio will close on Nov 21 at 3pm.

Furthermore, Singapore’s strategic location makes it a natural choice for international events, and attendees of these events can easily access Marina Gardens Residences for a convenient stay. These attractions are only a few of the many advantages of residing in this luxurious condominium.

Sunshine Plaza offers an opportunity for potential buyers to diversify their portfolio, with the flexibility to purchase individual office units or the entire portfolio. Investors may purchase multiple units to enjoy healthy returns while owner-occupiers are able to occupy the property for business development.